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    Market Analysis

    27 June 2023
    Nasdaq Slumps as Tech Stocks Retreat in Final Week of First Half

    In the final week of the first half of the year, the Nasdaq Composite experienced a significant decline as investors sold off shares of technology companies that had performed well so far in 2023. The Nasdaq dropped by 1.16%, while …

    26 June 2023
    Week Ahead: Markets to Focus on Canada’s GDP and CPI and Australia’s CPI

    This week, market participants prepare for important economic events such as the release of Canada’s Gross Domestic Product (GDP) and Consumer Price Index (CPI), in addition to Australia’s CPI. Traders are anticipated to keep a close watch on these critical …

    23 June 2023
    Tech Stocks Drive Nasdaq and S&P 500 Rebound Amid Uncertain Market Conditions

    The Nasdaq Composite and the S&P 500 ended their three-day losing streaks on Thursday, propelled by renewed investor interest in tech stocks. The Nasdaq, a tech-heavy index, surged by 0.95% to 13,630.61, while the S&P 500 rose 0.37% to 4,381.89, …

    22 June 2023
    Stocks Retreat as Investors Digest Powell’s Comments on Inflation

    In a temporary halt to the recent market rally, stocks experienced a decline on Wednesday. Investor sentiment was influenced by Federal Reserve Chair Jerome Powell’s remarks on inflation. The Dow Jones Industrial Average dropped 0.30%, the S&P 500 declined by …

    21 June 2023
    Stocks Retreat as Market Rally Pauses, Investors Monitor Sentiment

    Stocks experienced a decline on Tuesday, marking the first trading day of the week, as the market took a breather after a recent rally that had propelled it to levels not seen in over a year. The Dow Jones Industrial …

    20 June 2023
    Markets Close on Monday for Juneteenth Holiday Following Strong Week and Fed’s Rate Hike Decision

    In observance of the Juneteenth holiday, the regular trading session was suspended on Monday, providing investors with a break after a positive week. Despite minor slips on Friday, the S&P 500 and the Nasdaq Composite recorded their best weekly performances …

    19 June 2023
    Week Ahead: All Eyes on BOE and SNB Rate Statements

    This week, markets brace for key events, including interest rate releases from the Bank of England and Swiss National Bank. Traders are expected to monitor these crucial announcements to shape their strategies and gain insights into the financial landscape. Stay …

    16 June 2023
    Stocks Surge as Investors Anticipate Fed’s Pause on Rate Hikes

    On Thursday, the Dow Jones Industrial Average experienced a significant rally, surging over 400 points, and the S&P 500 reached a 13-month high. Investors speculated that the Federal Reserve would refrain from further interest rate hikes after the central bank …

    15 June 2023
    Stock Market Reacts to Fed’s Mixed Signals on Rate Hikes and Inflation

    Stocks experienced volatility on Wednesday as the Federal Reserve took a pause in its rate-hiking campaign while signalling progress in combating inflation. Despite this, the central bank also indicated its intention to implement two more rate hikes later in the …

    14 June 2023
    Stocks Rise on Slowing Inflation Data, Fed Rate Hike Speculation

    Stocks climbed as new inflation data revealed a slowdown in price pressures in May, fueling optimism among investors that the Federal Reserve might opt to forgo a rate hike during its upcoming policy decision this week. The Dow Jones Industrial …